Corient Private Wealth LLC Buys 2,216 Shares of Aurora Innovation, Inc. (NASDAQ:AUR)

Corient Private Wealth LLC raised its stake in Aurora Innovation, Inc. (NASDAQ:AUR) by 11.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,484 shares of the company’s stock after acquiring an additional 2,216 shares during the quarter. Corient Private Wealth LLC’s holdings in Aurora Innovation were worth $135,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in Aurora Innovation by 40.1% during the third quarter. JPMorgan Chase & Co. now owns 1,380,479 shares of the company’s stock worth $8,172,000 after purchasing an additional 394,933 shares during the period. Citigroup Inc. lifted its stake in shares of Aurora Innovation by 229.4% during the 3rd quarter. Citigroup Inc. now owns 705,181 shares of the company’s stock valued at $4,175,000 after buying an additional 491,125 shares in the last quarter. Swiss National Bank boosted its holdings in Aurora Innovation by 22.3% in the 4th quarter. Swiss National Bank now owns 1,839,400 shares of the company’s stock worth $11,588,000 after buying an additional 335,000 shares during the period. ARK Investment Management LLC raised its holdings in Aurora Innovation by 14.9% during the 4th quarter. ARK Investment Management LLC now owns 2,412,353 shares of the company’s stock valued at $15,198,000 after acquiring an additional 312,144 shares during the period. Finally, State Street Corp lifted its position in shares of Aurora Innovation by 15.2% during the third quarter. State Street Corp now owns 22,183,252 shares of the company’s stock worth $131,325,000 after acquiring an additional 2,920,653 shares in the last quarter. 44.71% of the stock is owned by institutional investors.

Aurora Innovation Trading Up 0.1 %

Shares of NASDAQ AUR opened at $6.73 on Wednesday. The business has a 50-day moving average of $7.27 and a 200-day moving average of $6.63. The firm has a market capitalization of $11.71 billion, a price-to-earnings ratio of -14.32 and a beta of 2.82. Aurora Innovation, Inc. has a 12 month low of $2.10 and a 12 month high of $10.77.

Aurora Innovation (NASDAQ:AUR) last released its quarterly earnings results on Wednesday, February 12th. The company reported ($0.11) EPS for the quarter. On average, analysts predict that Aurora Innovation, Inc. will post -0.49 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AUR shares. Evercore ISI lifted their price target on Aurora Innovation from $5.00 to $6.00 and gave the company an “in-line” rating in a research report on Tuesday, February 18th. TD Cowen began coverage on Aurora Innovation in a report on Friday, March 7th. They set a “hold” rating and a $8.00 target price for the company. Oppenheimer initiated coverage on shares of Aurora Innovation in a report on Thursday, March 27th. They issued an “outperform” rating and a $15.00 price target on the stock. Morgan Stanley initiated coverage on shares of Aurora Innovation in a research note on Monday, March 3rd. They set an “overweight” rating and a $12.00 price objective for the company. Finally, Canaccord Genuity Group increased their target price on shares of Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Aurora Innovation currently has an average rating of “Hold” and a consensus target price of $9.07.

About Aurora Innovation

Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.